Greentech startup TOGL raises £850k led by Haatch and Setanta Vehicle Importers
This article covers TOGL, a greentech startup, which has closed a pre-seed funding round of £850k to develop depot flexibility software. The funding will help TOGL expand its team, progress to commercial pilots and run a trial with Welch Group through the Freight Innovation Fund Accelerator, aiming to help fleet operators reduce depot charging costs, fit more electric vehicles on existing grid connections and ensure vehicles are ready for shifts.
TOGL, a greentech startup, has closed a pre-seed funding round of £850,000 to develop depot flexibility software aimed at lowering fleet charging costs, fitting more electric vehicles onto existing grid connections and keeping vehicles ready for shifts. The funding will help TOGL expand its team, move its product towards commercial pilots and prepare a trial with Welch Group through the Freight Innovation Fund Accelerator — a test that addresses a common barrier to depot electrification.
Why it matters
Electric fleet charging can create large, concentrated demand at depots when vehicles return and plug in at similar times. That pattern can push operators into high-cost periods, consume site capacity and force expensive grid upgrades. For hauliers and fleets making the transition to electric vehicles, those infrastructure and operating-cost risks are a key reason electrification stalls.
TOGL’s proposition is a practical response: use software to shift charging to align with departure schedules and site constraints, reducing peaks and potential costs. If it works at scale, the approach could help fleets decarbonise faster without immediately investing in new grid capacity.
Inside the product
TOGL’s software connects vehicle schedules, charging requirements and site power capacity into a single system. Its core idea is to schedule charging around when vehicles need to leave rather than simply when they return, prioritising readiness and moving energy consumption into lower-cost windows.
Where operational flexibility exists and market access allows, TOGL also plans to route spare capacity or aggregated energy assets into flexibility markets, creating potential revenue opportunities for fleets without disrupting transport operations. The company says this could let depots host more vehicles on the same connection and delay or avoid costly grid upgrades.
TOGL will test the approach in a real-world trial with Welch Group, modelling actual shift patterns, vehicle energy needs and site power limits to assess how much flexibility can be unlocked without harming operations.
Who are the investors?
The £850,000 pre-seed round was led by Haatch, a UK-based early-stage investor that backs B2B software and SaaS founders. Other participants include Setanta Vehicle Importers, the authorised Renault Trucks importer in Ireland, and Lancashire-based angel investors Fhunded Angels. TOGL also previously secured an initial £25,000 investment as part of the Baltic Ventures Accelerator 2026.
Haatch says it backed TOGL because the product tackles a practical barrier to fleet electrification and the founding team combines experience in EV charging, energy and fleet operations. TOGL intends to use the funding to hire, develop its technology and accelerate commercial pilots with fleet and energy partners.
In the announcement, Charlie Weavers-Wright, Principal, Haatch, said:
We are pleased to back TOGL in its next, exciting stage of development. The proposition is directly addressing a clear barrier to fleet electrification, with a team that brings strong experience across EV charging, energy and fleet operations.
In the announcement, Harry Nash, Managing Director, Setanta Vehicle Importers, said:
For more than thirty years we’ve been selling and maintaining trucks. That means we understand the challenges our customers face around electrification We believe our investment in TOGL is a very logical move as their offering seeks to address several electrification challenges. We’re excited to be supporting them on the next stage of their journey.
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Founder perspective
TOGL was founded by four executives with experience across EV charging, energy infrastructure and fleet operations: Will Maden (chief executive officer), Dan Turner (chief product officer), Alex Baker (chief commercial officer) and Luke Buckley (chief operational officer). The team says the new funding will help expand the product and run trials with fleet operators and energy partners.
In the announcement, Will Maden, CEO and Co-Founder of TOGL, said:
Across the UK, depot electrification often stalls because the numbers simply do not add up, whether that is the total cost of ownership of the vehicles or the discovery that, after procuring vehicles and chargers, the depot does not have sufficient grid capacity to operate them. This investment gives us the resources to expand the TOGL team, continue developing our technology and help fleets solve this exact problem. Alongside this, the opportunity to work with Welch Group means we can develop a trial around real vehicle movements. We'll show how TOGL can reduce charging cost, fit more vehicles onto the depot’s grid connection, and, crucially, make sure every vehicle is ready for its shift.
Welch Group, which operates transport and logistics sites in Duxford and Bedford, will design the trial around its operating conditions and shift patterns.
In the announcement, Jamie Sands, Head of Solutions, Welch Group, said:
We provide transport and logistics solutions across the UK and are very conscious of our environmental impact. Working with TOGL gives us an opportunity to design a trial around our operating conditions, exploring how charging can be scheduled in a more effective and environmentally aware way, without compromising the readiness of the vehicles that our customers depend on.
The bigger picture
The trial sits inside the Freight Innovation Fund Accelerator, delivered by Connected Places Catapult on behalf of the Department for Transport, which selected TOGL as one of 11 SMEs to develop trials. That public-private testing environment is designed to surface practical interventions that make fleet electrification more affordable and operationally viable.
For the UK and wider European market, the economics of depot electrification — including grid constraints, demand-charge regimes and timelines for grid upgrades — are central to whether fleets can switch to electric at scale. Tools that optimise charging patterns around operations could reduce upfront infrastructure costs and make EV fleets financially more attractive to operators and investors.
The TOGL story highlights investor interest in pragmatic greentech solutions that bridge transport and energy systems, and it will be one to watch as trials report whether software-driven flexibility can materially lower costs and defer grid investment across UK depots.
They've invested in TOGL
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